Comment by
PaperBoi222 on Aug 20, 2023 8:32pm
Lots of Penny stocks getting hammered. They just completed at least 1 of the Greco store installations. Last week So I'm assuming they are working on new installs and completing ones already in the order book. Very High Risk with a potential High Reward.. the reason most have rolled the dice have this stock in portfolios. Cheers PB
Comment by
lscfa on Aug 20, 2023 9:11pm
Slide 15 suggests stores save $3,123/month by using Danavation PAAS but Danavation charges $60,000+ for installation/setup so the payback period is 2 years. This may be why stores are slow to adopt. https://danavation.com/wp-content/uploads/2023/08/August-2023-Danavation-Investor-Deck-F.pdf
Comment by
lscfa on Aug 20, 2023 9:20pm
p.s. The $73,000 in labour that a store saves over a year is replaced by paying Danavation an upfront setup fee of ~ $60,000 that low margin retail stores like grocers can't afford. Danavation should allow stores to pay the install fee in instalments over time by building it into the monthly SAAS payments.
Comment by
IceColdBeer on Aug 22, 2023 10:36am
Low margin Grocers???? You're kidding right, as they make record profits, they are low margin grocers. Terrible post.
Comment by
lscfa on Aug 22, 2023 11:23am
Do more dd, dummy. "Overall, a grocery store's profit margins are roughly 1% to 3%"
Comment by
PaperBoi222 on Sep 23, 2023 11:08am
Latest NR is encouraging with latest install. Seems like a no brainer for this technology based on the shortage of employee's in all industries. Still Long PB